City of Minnetonka Economic Development Advisory Commission Agenda Packet 2026-06-11
Hennepin County Administers Minnetonka CDBG Rehab Loans
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Description
The City of Minnetonka continues its agreement with Hennepin County to administer the Community Development Block Grant (CDBG) housing rehabilitation loan program until June 30, 2028. The county manages applications, disburses funds, and receives repayments for new loans to residents. This arrangement ensures ongoing access to rehabilitation loans for qualifying households.
Contract Details
Vendor
HENNEPIN COUNTY
Agency
City of Minnetonka, MN
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 11, 2026
Contract Term
Through June 30, 2028
Renewal Date
2028-06-30
Renewal Info
Agreement is ongoing until June 30, 2028, as part of the Urban County Consortium. City opted into consolidated funding pool in 2025.
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